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Cowen downgrades Adobe

Feb. 15, 2019 8:30 AM ETAdobe Inc. (ADBE) StockADBEBy: Brandy Betz, SA News Editor11 Comments
  • Cowen downgrades Adobe (NASDAQ:ADBE) from Outperform to Market Perform and snips the target from $225 to $160.
  • Adobe is expected to report earnings on March 21. Consensus estimates put revenue at $2.55B with $1.62 EPS.
  • Adobe shares are down 0.9% pre-market to $257.94.

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